WCU 0.00% 23.5¢ white canyon uranium limited

uranium price

  1. 262 Posts.
    The current spot price for Uranium is about US$50 / pound.

    How much can the price rise before it has any significant effect on the end user price of energy?

    1 pound of U produces 1.8x10^5 kWH in a modern power plant.
    So, each US$100/pound increase in the price of uranium implies an increase in the price per kWH of 0.055 cents.

    http://books.google.com.au/books?id=EMy2OyUrqbUC&lpg=PT30&ots=Sbvb1Vm-EZ&dq=kwh%20per%20pound%20of%20u3o8&pg=PT30#v=onepage&q=kwh%20per%20pound%20of%20u3o8&f=false

    A $1000 increase in the price of U means an energy cost increase of 0.55cents/kWH.

    We pay about 15c/kWH for power in Australia.

    So, when demand truly outstrips supply, which by all accounts it is going to shortly, the price should rocket.
 
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